Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends
Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin has ended its downturn, with $59,000 marking the cycle low.
Investing Cryptocurrency News·
Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin has ended its downturn, with $59,000 marking the cycle low.
Standard Chartered has kept its $100,000 Bitcoin target and $4,000 Ethereum target after the selloff. Standard Chartered digital-assets research head Geoffrey Kendrick said the drop likely set the cycle bottom in his latest note. Bitcoin fell toward $59,000 before rebounding…
Bitcoin's bottom at $59K signals potential market recovery, encouraging investors to monitor ETF flows, corporate buys, and oil prices. The post Standard Chartered analyst says Bitcoin hits bottom at $59K, ending crypto winter appeared first on Crypto Briefing.
Standard Chartered analyst Geoff Kendrick suggests the crypto market has hit its lowest point following Bitcoin's recent drop below $60,000.
Official Trump coin price surges 18%, outperforming the broader crypto market. The rally is driven by Donald Trump’s upcoming birthday on June 14. Key levels to watch include the resistance at $2.20 and the support at $1.80. The Official Trump coin price has seen a sharp move to the upside, climbing about 18% in 24 […] The post Here’s why the Official Trump coin price just jumped 18% appeared first on CoinJournal.
SpaceX's IPO reshapes aerospace market dynamics, influences institutional investment strategies, and impacts crypto market transparency. The post SpaceX’s record-breaking IPO draws global investor attention appeared first on Crypto Briefing.
The crypto market is under pressure, and picking the right coin has never felt harder. XRP is navigating centralization concerns despite its deep institutional roots. Hyperliquid is building something genuinely new in decentralized trading but is still finding its footing. Solana is recovering from a rough stretch with speed and scale on its side. And [...]
The Fed's Treasury bill purchases may stabilize short-term yields, indirectly supporting risk assets and influencing crypto market dynamics. The post Federal Reserve buys $10B in Treasury bills to bolster reserves appeared first on Crypto Briefing.